With an overdraft facility designed to meet the needs of seasonal activities, the seasonal loan is a smart financing solution that adjusts to your spending schedule.
The seasonal loan is intended for companies operating in industries such as agri-food that have seasonal activities. This loan allows to finance raw materials or products during a season and thus to compensate for the gap between expenses and revenues.
The duration of the Seasonal loan varies depending on the nature of the campaign, usually from 6 to 12 months.
The Seasonal loan is a variable-rate short term loan. Special pricing may be granted to BANK OF AFRICA customers. For more information, please contact your BANK OF AFRICA customer advisor.